Acquisitions Accountant

Brown and Brown Insurance; City Of London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading insurance firm in the City of London is looking for an Acquisitions Accountant to manage the financial integration of acquired businesses across Europe. This role will involve budgeting, forecasting, and ensuring compliance with US and UK GAAP while leading a team to drive effective finance operations. Candidates must hold a relevant degree and an accounting qualification along with significant experience in the insurance sector.

Benefits

Negotiable package

Benefits

Qualifications

• Experience within an international insurance services sector at manager level.
• Track record of integrating acquisitions.
• Experience managing processes in large organisations.

Responsibilities

• Manage Accounting, Budgeting, and Forecasting for acquired European business.
• Lead finance integration for acquired businesses.
• Produce opening balance sheet and budgets.

Skills

Communication

Influencing

Negotiation

Financial analysis

Planning

Leadership

Education

University Degree level or equivalent

Accounting qualification to ACA, ACCA, CIMA fully qualified

Job description

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

Acquisitions Accountant

Location: EC3R 7NE, City of London (Hybrid)

Package: Negotiable plus benefits

Job Purpose

Managing Accounting, Budgeting and Forecasting for acquired European business

Responsibilities

• Finance integration for acquired business'
• Convert Investment Hypothesis to budget
• Produce opening balance sheet
• Integrate into BAU operations

Principal Accountabilities

Strategic

• Work with acquisition team to bring acquisitions into finance operation
• Account correctly for acquisitions under US and UK GAAP
• Part of European Finance team - work with team to drive effective integration
• Define best practice and drive change into organisation
• Support growth strategy - UK and Pan Europe + ME
• Support integration of acquired businesses
• Support implementation of core operating/business systems to support scalable growth

Key Tasks

• Deliver Opening balance sheet in line with US and UK GAAP and Brown & Brown accounting policies
• Deliver with acquisition team the budget for all European acquisitions in accordance with Company requirements and timetable. Develop budget and drive adoption of company standards.
• Develop company system, process and tools to work to support the business and drive continuous improvement
• Run accounting operation with acquired company pre integration to BAU team including SOX submissions
• Support Retail, Wholesale and Programs finance team to integrate finance operations in to BAU teams
• Improve team quality in budgeting and forecasting tasks.
• Work with BI team to integrate acquired companies to the data warehouse
• Drive central allocations

People

• Leadership, communication and influencing skills required to drive adoption of business process and improve quality of budgeting and forecasting
• Ensure all activities are aligned and promoted in line with the company culture
• Ensure teammates are appropriately trained to adopt new tools and processes
• Ensure clarity of responsibility in process

Competencies

• Communication, influencing, and negotiation skills
• Analysis, judgement, and decision making
• Demonstrated financial acumen and commercial mind-set
• Planning, organisation, and leadership
• Direction, tone and leadership; team working; people development, coaching and management, motivation and objective setting
• Challenges the status quo; open to new ideas
• Knowledge and understanding of the financial services sector and insurance broking in particular

Job Knowledge, Skills & Experience

Education

• University Degree level or equivalent
• Accounting qualification to ACA, ACCA, CIMA fully qualified

Specific experience

• Experience within an international insurance services sector at manager level.
• Track record of integrating acquisitions.
• Track record of dealing with the management of processes in large organisations.

We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.